SpaceX CEO Elon Musk said the company is cutting back on its use of the 'Star' prefix, as reports emerged that SpaceX told investors it plans to launch a Starlink mobile service for U.S. consumers. The Financial Times reported that SpaceX President Gwynne Shotwell told investors during a recent IPO roadshow the company was considering a Starlink retail product and could build its own terrestrial U.S. mobile network, citing people familiar with the matter. Musk commented on X after Tesla influencer Sawyer Merritt listed the company's Star-branded names, saying the prefix usage was 'getting a bit silly.' SPCX stock fell 17% in its second week of public trading following an early post-IPO rally.
Musk commented on X after Tesla investor and influencer Sawyer Merritt listed the company's growing lineup of Star-branded names, including Starfall, Stargaze, Starshield, Starbase, Starfactory, Starship and Starlink. 'We're cutting back on the use of 'Star' as a prefix,' Musk said. 'It's getting a bit silly.' He added: 'Too much Starshit!' The remarks come as SpaceX's Star-branded universe continues to expand, with recent additions including Starmind, Starpipe and reported plans for a Starlink mobile service.
SpaceX told investors it plans to launch a Starlink mobile service for U.S. consumers, the Financial Times reported, citing people familiar with the matter. SpaceX President Gwynne Shotwell told investors during a recent IPO roadshow that the company was considering a Starlink retail product and could even build its own terrestrial U.S. mobile network.
Morningstar highlighted SpaceX's participation in FCC Auction 113, which involved licenses that had been dormant since EchoStar unit Dish Network failed to pay for them more than a decade ago. 'SpaceX participated in the auction,' Morningstar said, adding that its activity 'could provide some insight into its plans,' which remains a 'matter of intense speculation.' Morningstar said that SpaceX may have tried to win licenses as a precursor to buying the rest of EchoStar's AWS-3 holdings, though it viewed that as unlikely because the licenses are 'narrower and far spottier' than the nationwide spectrum SpaceX previously agreed to acquire from EchoStar.
Musk confirmed this week that Starmind will be the official name of SpaceX's AI satellite constellation, following a trademark filing by xAI. The system has been described to the FCC as a constellation of up to one million AI satellites. Unlike Starlink, which moves data between users on Earth, Starmind would process data directly in orbit using onboard AI processors powered by large solar arrays.
SpaceX is also preparing Starpipe, an eight-mile natural gas pipeline to its Texas launch facilities. The pipeline will support a higher Starship launch cadence by replacing a tanker-truck fuel process that would be difficult to scale as SpaceX targets more frequent launches. Morningstar called SpaceX a company built around launch at 'unmatched scale, frequency, reliability, and cost efficiency.' It also said Starlink is the 'only satellite communications company' with its own fully-integrated launch capability.
What did Elon Musk say about SpaceX's Star branding? Musk commented on X that SpaceX is cutting back on the use of 'Star' as a prefix, saying 'It's getting a bit silly.' He made the remarks after Tesla influencer Sawyer Merritt listed the company's Star-branded names including Starlink, Starship, Starshield, Starbase and Starfactory.
What mobile network plans did SpaceX tell investors about? The Financial Times reported that SpaceX told investors it plans to launch a Starlink mobile service for U.S. consumers, citing people familiar with the matter. SpaceX President Gwynne Shotwell reportedly told investors during a recent IPO roadshow that the company was considering a Starlink retail product and could build its own terrestrial U.S. mobile network.
What is SpaceX's Starmind project? Musk confirmed this week that Starmind will be the official name of SpaceX's AI satellite constellation. The system has been described to the FCC as a constellation of up to one million AI satellites that would process data directly in orbit using onboard AI processors powered by large solar arrays, unlike Starlink which moves data between users on Earth.
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